Stock market news

Severstal

Severstal completed the repair of blast furnace No. 5 Severyanka at Cherepovets Steel Mill. Furnace was shut down for repairs in April this year. Investments in modernization were estimated at ₽37 billion. Capacity of BF-5 is 4.2 million tons of pig iron per year. In 2023, the furnace produced 35% of ChMK's pig iron.

VK

VK acquired a 10% stake in ticket operator Kassir.ru. Share of the operator's founder Evgeny Finkelstein was reduced to 52.75%. Asset will be integrated into the VK ecosystem to improve the efficiency of promotional activities on the company's platforms. According to a TASS source, the approximate amount of the deal amounted to about ₽500 million.

VK

VK and office software developer R7-Office have agreed on a technological partnership. As part of the integration of the solutions, R7-Office cloud editors for documents, spreadsheets and presentations will become available to users of VKontakte, Mail and Mail Cloud. VK Tech's corporate clients get access to P7 solutions through integration with VK Workspace...

Raspadskaya

Raspadskaya's RAS net profit for 9 months of 2024 amounted to ₽1.63 billion, down 4 times from ₽6.41 billion in the previous year. Revenue fell 34.8% to ₽13.53 billion vs. ₽20.75 billion a year earlier.

Etalon Group

Etalon Group's real estate sales for 9 months of 2024 amounted to 541,900 square meters, up 59% from 340,600 a year earlier. In cash terms, sales volume rose 77% to ₽115.54 billion. Number of contracts signed increased by 51% to 10,827. Cash receipts rose 37% to ₽72.2 billion. Average sales price of residential properties increased 22% to ₽276.93 thousand pe...

MD Medical Group Investments

MD Medical opened a multidisciplinary medical center Lapino City with a total area of 1,460 square meters in Moscow City business district. Capacity of the new medical center is designed for 100,000 visits and 1,200 IVF cycles per year.

Sberbank

Sberbank's RAS net profit for 9 months of 2024 amounted to ₽1.193 trillion, up 5.7% year-on-year. Net interest income increased by 14.5% to ₽1.914 trillion. Commission income increased by 7% to ₽0.551 trillion.

Whoosh

Number of Whoosh scooter and bike rides for 9 months of 2024 totaled 126.8 million, up 42% year-over-year. Whoosh's audience grew by 36% to 26.6 million accounts. Number of trips per active user increased by 35% to 18.5. Service area increased by 13% to 60 locations.

Rosbank

Rosbank, which will be merged with T-Bank next year, has cut the number of its branches almost threefold - from more than 200 in May 2024 to 82 in October. By the end of the year, the bank will be left with about 30 operating branches.

T-Technologies

Rosbank, which will be merged with T-Bank next year, has cut the number of its branches almost threefold - from more than 200 in May 2024 to 82 in October. By the end of the year, the bank will be left with about 30 operating branches.